Asset management firm Invesco (NYSE: IVZ) announced better-than-expected revenue in Q1 CY2026, with sales up 57.3% year on year to $1.74 billion. Its non-GAAP profit of $0.57 per share was in line with analysts’ consensus estimates.

Is now the time to buy Invesco? Find out by accessing our full research report, it’s free.

Company Overview

With roots dating back to 1935 when it pioneered the first mutual fund with an objective of capital growth, Invesco (NYSE: IVZ) is a global asset management firm that offers investment solutions across equities, fixed income, alternatives, and multi-asset strategies.

Revenue Growth

Reviewing a company’s long-term sales performance reveals insights into its quality. Any business can have short-term success, but a top-tier one grows for years. Over the last five years, Invesco grew its revenue at a sluggish 2.8% compounded annual growth rate. This was below our standards and is a tough starting point for our analysis.

Long-term growth is the most important, but within financials, a half-decade historical view may miss recent interest rate changes and market returns. Invesco’s annualized revenue growth of 11.1% over the last two years is above its five-year trend, suggesting its demand recently accelerated. Note: Quarters not shown were determined to be outliers, impacted by outsized investment gains/losses that are not indicative of the recurring fundamentals of the business.

This quarter, Invesco reported magnificent year-on-year revenue growth of 57.3%, and its $1.74 billion of revenue beat Wall Street’s estimates by 37.8%.

ONE MORE THING: 3 Hidden Platforms Growing 3X Faster than Amazon, Google, and PayPal. Amazon, Google, and Meta all followed the same playbook: Dominate an ignored market. Build an unbeatable moat. Scale until you’re unstoppable.

These three platforms are running that exact playbook right now. The early investors in Amazon made fortunes. The early investors in these could do the same. Get All 3 Stocks Here for FREE.

Assets Under Management (AUM)

Assets Under Management (AUM) is the total capital a firm oversees or manages on behalf of clients. Fees on this AUM, typically a small percentage, are contractually recurring and provide a high level of stability to revenue even if investment performance lags (although too much poor investment performance eventually hurts fundraising ability).

Invesco’s AUM has grown at an annual rate of 10.7% over the last five years, slightly better than the broader financials industry and faster than its total revenue. When analyzing Invesco’s AUM over the last two years, we can see that growth accelerated to 16.4% annually. Fundraising or short-term investment performance were net contributors for the company over this shorter period since assets grew faster than total revenue. Just remember that while assets are relevant to watch, we don't place too much emphasis on them because they ebb and flow with the market.

In Q1, Invesco’s AUM was $2.2 trillion, beating analysts’ expectations by 1.9%. This print was 19.3% higher than the same quarter last year.

Key Takeaways from Invesco’s Q1 Results

We were impressed by how significantly Invesco blew past analysts’ revenue expectations this quarter. We were also glad its AUM outperformed Wall Street’s estimates. Overall, we think this was a decent quarter with some key metrics above expectations. Investors were likely hoping for more, and shares traded down 4.4% to $24.37 immediately after reporting.

Is Invesco an attractive investment opportunity at the current price? When making that decision, it’s important to consider its valuation, business qualities, as well as what has happened in the latest quarter. We cover that in our actionable full research report which you can read here (it’s free).